Crude climbs on cold-weather forecasts, supply estimates

SAN FRANCISCO (MarketWatch) -- Crude prices climbed Monday, rebounding from a five-month low in the previous session on the heels of forecasts for cold weather and expectations that a government report due later this week will show the first climb in distillate inventories in eight weeks. Analysts at Alaron expect the Energy Department on Wednesday to report that distillate supplies rose 2 million barrels for the week ended Nov. 11. December crude was last at $58 a barrel, up 47 cents, and December heating oil added 2.15 cents to $1.745 a gallon. December natural gas also climbed 12.8 cents to $11.84 per million British thermal units.

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